« For a Rigorous 'Effects Based' Analysis of Vertical Restraints Adopted by Dominant Firms: An Analysis of the EU and Brazilian Competition Laws: Comment | Main | How Do Judges do with merger cases? »
February 6, 2013
Retail Payment Systems: Competition, Innovation, and Implications
Posted by D. Daniel Sokol
Wilko Bolt, De Nederlandsche Bank (Dutch Central Bank) analyzes Retail Payment Systems: Competition, Innovation, and Implications.
ABSTRACT: Efficient payment services underpin the smooth operation of the economy. Competition and innovation are key drivers for payment market efficiency in both the short and long run. This paper gives an overview and tries to assess the key determinants that affect pricing, competition and the incentives to innovate in the payment market. While the payment landscape is changing rapidly, it is not yet clear what business model will survive.
February 6, 2013 | Permalink
TrackBack
TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341bfae553ef017ee7130054970d
Listed below are links to weblogs that reference Retail Payment Systems: Competition, Innovation, and Implications:
